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Finland Confirms Late Payment Interest Rate Reduction Due to COVID-19

|Approved Changes|Finland
Finland

Finland's Ministry of Finance has issued a release confirming that the interest rate on late payments of taxes is temporarily reduced from 7% to 4%. The rate reduction applies retroactively for payments due after the beginning of March 2020 and will continue to apply for taxes due up to the end of August 2020 at the latest.

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